All Time High: Who Will Drive the Year-End Rally?

Following Nvidia's strong rebound yesterday, the Nasdaq surged higher. Check out the stocks that hit new highs this week!

1. $MicroStrategy(MSTR)$ soared more than 11% to touch a new all-time high of $449

The company announced buying more bitcoin as bitcoin hit an all time high of near $94000 yesterday.

MicroStrategy began accumulating Bitcoin since 2020. Last week, the company invested $4.6 billion to acquire nearly 80,000 more BTC, bringing its total holdings to 331,200 BTC. The performance of MSTR has been closely linked to Bitcoin.

Since August 2020, MSTR stock has surged 3,000%, while BTC prices have gained “just” 660%.

Despite a 580% increase in MSTR's stock price this year, many investors avoid it due to its poor fundamentals and higher volatility compared to Bitcoin. Some believe that MSTR’s excessive gains may already reflect expectations of Bitcoin reaching $100,000, making current investments risky.

2. $Vistra Energy Corp.(VST)$ increased 5% yesterday, reaching a new high of $154.95,

Its rise is largely driven by Nvidia's strong rebound. Year-to-date, Vistra's stock has surged by 302%, a growth closely tied to the AI boom, as electricity is a key infrastructure for AI development.

Additionally, Vistra announced plans to issue senior secured notes due in 2026 and 2034 through a private offering aimed at qualified institutional buyers.

The company plans to use the proceeds to pay around $506 million on December 31, 2024, to extinguish approximately $550 million in installment payments. This restructuring will take advantage of a lower implied interest rate to optimize overall capital costs.

3. $Interactive Brokers(IBKR)$ achieved a record of $183.07 with a YTD gain of 123.78%.

Recent news indicates that Interactive Brokers saw a surge in trading activity in October, with significant increases in client equity and margin loan balances.

The company's Daily Average Revenue Trades (DARTs) rose by 46% year-over-year, reaching 2.823 million. Ending client equity stood at $540 billion, a 47% increase from the previous year.

Interactive Brokers also posted strong Q3 2024 results, benefitting from a favorable market environment following a U.S. interest rate cut. Both commission revenue and net interest income hit record highs, at $435 million and $802 million, respectively.

The rise in U.S. stock prices and regulatory easing expectations under the Trump administration have likely also benefited IBKR.

4. $Netflix(NFLX)$ surged to all-time-high of $874, gaining 78% YTD.

It seems that $800 is not the end of Netflix. Jefferies raised its target to $1,000, while others predict $950 and $925.

Strong momentum in expanding business for traditional markets!

The Jake Paul vs. Mike Tyson boxing match drew over 60 million households. Analysts view this as a significant step toward capturing ad revenue from traditional linear TV markets, which exceed $50 billion annually.

Netflix's upcoming broadcast of Christmas Day NFL games will broaden its audience.

The market has high expectations for the return of previously popular series.

Popular franchises like Squid Game and Stranger Things have scheduled releases in December and 2025.

Stranger News on X: "Stranger Things & Squid Game...🦑📺👽 Follow ➡️ @SquidGameNews https://t.co/5sQ0xKAyLP" / X

5. $Wal-Mart(WMT)$ hits an all time high of $88.29 after it reported its Q3 earnings yesterday.

The company increases 64.8% year-to-date.

Total revenue reached $169.59 billion, a 5.5% year-on-year growth, surpassing the analyst estimate of $167.49 billion.

Operating income for Q3 was $6.71 billion, marking a 9.8% increase, which outpaced the revenue growth, indicating an improved business mix and operational efficiency.

Walmart raised its fiscal 2025 sales guidance to 4.8% to 5.1% growth and revised its adjusted EPS guidance to $2.42 to $2.47, driven by strong consumer demand in the U.S. and sustained optimism in its e-commerce and membership services segments, particularly as the holiday shopping season approaches.